Month: August 2020

Take a look at some of the biggest movers in the premarket: Alibaba (BABA) – The China-based e-commerce giant reported better-than-expected profit and revenue for its fiscal first quarter, helped by a pandemic-related boost in online shopping. Alibaba had 874 mobile monthly active users in June, up 28 million from March. BJ’s Wholesale Club (BJ)
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In mid-August, JD.com (NYSE:JD) stock soared to all time highs after the Chinese e-commerce giant reported second-quarter numbers that were very, very strong. Source: testing / Shutterstock.com But the numbers were supposed to be great because of the Covid-19 pandemic which forced Chinese shoppers to buy products online in Q2. Still, the report showed that
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For decades, oil-patch enthusiasts and income-focused investors have stuck by Exxon Mobil (NYSE:XOM). Much of the appeal of Exxon Mobil stock stems from the company’s willingness to maintain its generous dividend payouts quarter after quarter. Source: Shutterstock On the other hand, fluctuations in the oil price have caused Exxon Mobil stock to wobble. Even though
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Blue-chip stocks are often regarded as some of the best stocks to buy on Wall Street. Why? Because the companies behind the blue chips are supposed to be the cream-of-the-crop. Large-cap titans of industry, with long histories of growth, strong management teams, rock-solid balance sheets, robust future growth prospects and tons of visibility to long-term
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